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Jan 11, 2013
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economy remains precarious so abe is determined to turn around the japanese economy. of course from is a political dimension to this. japanese vote again in july in the election for the upper house and abe needs to show he's doing something to speed the recovery. >> there's a lot of money involved. the question is will it work? >> certainly these measures will provide a temporary boost but they will not solve the underlying problems. abe says he'll build his economic policy on three pillars -- increased public spending, monetary easing and doing more to encourage growth. we've seen in the stimulus how abe plans to spend taxpayers' money. on top of that he is urging the bank of japan to set an inflation target of 2% and to get more money flowing through the economy. the lines on the final pillar measures toward growth are less clear. some have insisted sustainable growth will only come by making industries more competitive through deregulation. but, government leaders have yet to articulate how they'll make that happen. >> you just mentioned this could be a temporary b
economy remains precarious so abe is determined to turn around the japanese economy. of course from is a political dimension to this. japanese vote again in july in the election for the upper house and abe needs to show he's doing something to speed the recovery. >> there's a lot of money involved. the question is will it work? >> certainly these measures will provide a temporary boost but they will not solve the underlying problems. abe says he'll build his economic policy on three...
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Apr 8, 2013
04/13
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cabinet office asked about 2,000 work ers what they thought abou the economy. the march confidence index stood up 4.1 points from the previous month. that's the same level set in march 2006. many workers say that manufacturing sectors sighted inprovemei improvements for the weaker yen. workers said they were worried about the higher prices of imported goods and materials as a result of the yen's decline. they also mentioned electricity rate hikes. the cabinet office said the economy is still picking up, and it noted that more workers are increasing concerns stemming from the yen's fall. the number of bankruptcies fell for a fourth straight year in fiscal 2012. credit research firm says about 10,000 companies went under in the fiscal year that ended last month. the total amount of liabilities came to about $29.7 billion, down about 25% in the lowest last ten year. the decline is attributed to the one year extension of a law to help finance small companies. they showed a sharp decline due to an increase in public projects related to reconstruction efforts. >>> of
cabinet office asked about 2,000 work ers what they thought abou the economy. the march confidence index stood up 4.1 points from the previous month. that's the same level set in march 2006. many workers say that manufacturing sectors sighted inprovemei improvements for the weaker yen. workers said they were worried about the higher prices of imported goods and materials as a result of the yen's decline. they also mentioned electricity rate hikes. the cabinet office said the economy is still...
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Mar 18, 2013
03/13
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. >> china may have more friction with its neighbors as it expands its military along with its economy. foreign government officials are waiting to see what kind of diplomatic steps will be taken by chinese leaders. >> i think the new chinese government wants to stabilize its external affairs and focus on internal affairs. so it may be willing to stabilize its relationship with japan and the united states and china and stable economic growth are indispensable for achieving the recovery of china's economy. >> he says he is mainly watching two points. one is the possibility of a power struggle in the three-tiered power structure. and the other is china's one-party system. he doubts that the communist party will get enough support from the people in the future. it appears party officials do not intend to democratize the country. >> how long would they be able to avert change? i believe china will face critical moment in five to ten years from now. >> china's president and premier serve five-year terms. they are often re-elected, though, which means xi and li will probably be in charge for
. >> china may have more friction with its neighbors as it expands its military along with its economy. foreign government officials are waiting to see what kind of diplomatic steps will be taken by chinese leaders. >> i think the new chinese government wants to stabilize its external affairs and focus on internal affairs. so it may be willing to stabilize its relationship with japan and the united states and china and stable economic growth are indispensable for achieving the...
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Jan 18, 2013
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he has promised to pull japan out of deflation and revitalize the economy. and he wants to reinforce ties with countries considered to be engines of growth. abe had hoped to make washington his first foreign visit. but u.s. officials couldn't find time because of president obama's inauguration. still, abe wants to visit as soon as possible. he says the alliance is the foundation of japanese security in an increasingly difficult environment. japanese and american diplomats have been struggling to agree on how to relocate a u.s. military base in okinawa. they've run into strong opposition from residents. on top of that, the americans have been pressuring the japanese to start talks on a free trade agreement. farmers and lobby groups are urging abe not to join the transpacific partnership. many wonder how abe will balance these pressures as he tries to achieve these goals. nhk world. >>> four days of anti-government protests in pakistan have come to an end. patchari raksawong joins us from bangkok with an update on the situation. patchari, good evening. >> good
he has promised to pull japan out of deflation and revitalize the economy. and he wants to reinforce ties with countries considered to be engines of growth. abe had hoped to make washington his first foreign visit. but u.s. officials couldn't find time because of president obama's inauguration. still, abe wants to visit as soon as possible. he says the alliance is the foundation of japanese security in an increasingly difficult environment. japanese and american diplomats have been struggling...
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May 29, 2013
05/13
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. >>> and as african economies grow, the agriculture sector lags behind. japanese farming experts are on the continent sharing tips to boost productivity and reduce poverty. >>> the leaders of japan and india are strengthening ties by focusing on an energy source that has been the subject of heated debate in this country. they've agreed to move forward with negotiations to sign a nuclear power pact. the deal would allow japanese companies to export atomic energy-related technology. prime minister shinzo abe and prime minister manmohan singh signed the joint statement after meeting in tokyo. the countries will speed up negotiations so they can conclude a deal soon. indian leaders want to build more nuclear plants. and they're looking to japan for help. the statement also calls for mutual efforts to work toward the abolition of nuclear weapons. but some japanese are reluctant to commit to this pact. india has nuclear arms and it has yet to sign the nuclear nonproliferation treaty. the leaders have also agreed to promote joint exercises involving japan's mari
. >>> and as african economies grow, the agriculture sector lags behind. japanese farming experts are on the continent sharing tips to boost productivity and reduce poverty. >>> the leaders of japan and india are strengthening ties by focusing on an energy source that has been the subject of heated debate in this country. they've agreed to move forward with negotiations to sign a nuclear power pact. the deal would allow japanese companies to export atomic energy-related...
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Apr 22, 2013
04/13
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here is growing that the world economy will slow down once again erie it collect -- will slow down once again. >> the dax was up nearly 0.25%. the euro stoxx 550 was also up. over in the u.s., the dow jones is trading at 14,572. that is a slight gain. the euro is trading at one dollar $.30 at the moment. -- $1.30 at the moment. >> still ahead, a tax scandal rocks the world. we will be back in a moment. corexit welcome back. a scandal that has rocked the football world in germany. the country is -- the country -- the most successful team is under fire. >> he used a swiss bank account to hide millions of euros from tax authorities. he turned himself in at the beginning of the year in a bid to avoid prosecution. >> he is a successful businessman and one of the best- known faces in german football. the allegations have tarnished his public image. >> i have to pay tax on everything i earn. i think the same rules should apply to everyone. the authorities should follow it up. >> we do not have the same opportunities as rich people to hide money from authorities. >> angela merkel's spokesman sa
here is growing that the world economy will slow down once again erie it collect -- will slow down once again. >> the dax was up nearly 0.25%. the euro stoxx 550 was also up. over in the u.s., the dow jones is trading at 14,572. that is a slight gain. the euro is trading at one dollar $.30 at the moment. -- $1.30 at the moment. >> still ahead, a tax scandal rocks the world. we will be back in a moment. corexit welcome back. a scandal that has rocked the football world in germany....
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Feb 18, 2013
02/13
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they are also watching for signs of pickup in the japanese economy. nhk world, singapore. >>> australia is a nation of immigrants and active in helping refugees. the nation received more than 10,000 people in need of humanitarian assistance every year over the past decade. but the increasing financial burden push the its prime minister to review the generous policy. the move has met with criticism as well as support. it's likely to become a focal point in the upcoming september election to choose federal lawmakers. we have the story from sidney. >> reporter: this refugee from afghanistan, the 19-year-old came to australia by boat in may of 2010 after the taliban killed his brother and sister. the four month journey took him through malaysia and indonesia. then for final week he was packed on to a small vessel with 30 people. he lost 10 kilograms by he arrived at a remote australian island. he took the risk because he saw australia as his only chance for survival. he worked hard to graduate from high school. he hopes to go to university to study law. h
they are also watching for signs of pickup in the japanese economy. nhk world, singapore. >>> australia is a nation of immigrants and active in helping refugees. the nation received more than 10,000 people in need of humanitarian assistance every year over the past decade. but the increasing financial burden push the its prime minister to review the generous policy. the move has met with criticism as well as support. it's likely to become a focal point in the upcoming september...
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Jun 28, 2013
06/13
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they hope attracting foreign travelers will play a key role in revitalizing the economy. deregulation will take effect on july 1st. thai and malaiysia tourists wil no longer need a visa for short-term stays. the length of short-term stays for indonesians will double to 30 days. japanese transport minister ota met with ambassadors from four southeast asian countries. >> translator: we would like to promote the wonderful attractions of japan as a brand. for example, the beauty of the four seasons and our delicious cuisine. >> that it would be opportune for both asean and japan to introduce new initiatives especially tourism cooperation in elevating our relationships towards new heights. >> japan hopes to attract 10 million foreign visitors this year, that's nearly 2 million more than than in 2012. >>> a south korean judge has convicted a group of men of stealing a number of buddhist statues and cultural treasures from shrines and temples in japan. but little hope is being held out for them being returned any time soon. the district court judge sentenced the mastermind of th
they hope attracting foreign travelers will play a key role in revitalizing the economy. deregulation will take effect on july 1st. thai and malaiysia tourists wil no longer need a visa for short-term stays. the length of short-term stays for indonesians will double to 30 days. japanese transport minister ota met with ambassadors from four southeast asian countries. >> translator: we would like to promote the wonderful attractions of japan as a brand. for example, the beauty of the four...
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Mar 6, 2013
03/13
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he said developing rural and urban areas is key to improving people's life and maintaining a healthy economy. the income disparity within china grows day by day. government figures show people in major cities earn three times as much as those in farming villages. china's children are paying the price. many rural families can't afford even mandatory education for their sons and daughters, so some volunteers have stepped in to help. nhk world takafumi terui has the story. >> reporter: this girl lives in a villain in gansu province. she should be in school attending classes, but she hasn't been there for six months. her father, a migrant worker, is away a lot. her mother is busy tending to their corn fields. she stays home to help take care of her bedridden grandmother, so she has only managed to attend school for five years in total. she has only one textbook at home. she has to study on her own as no one in her family can read or write. >> translator: i loved school. my friends and teacher. i was especially good at language and really wanted to study it more. >> reporter: in a good year, the
he said developing rural and urban areas is key to improving people's life and maintaining a healthy economy. the income disparity within china grows day by day. government figures show people in major cities earn three times as much as those in farming villages. china's children are paying the price. many rural families can't afford even mandatory education for their sons and daughters, so some volunteers have stepped in to help. nhk world takafumi terui has the story. >> reporter: this...
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Jul 10, 2013
07/13
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bangladesh depends on the international garment industry to drive its economy, which grew 6.3% last year. cheap labor is a big attraction for foreign companies. bangladesh is home to more than 4,000 garment factories, and clothing accounts for about 80% of exports. concerns about labor conditions were exposed in tragic circumstances when a factory collapsed, killing in are than 1,100 people. a fire at another garment factory last november killed 112 workers. the accidents triggered calls from around the world for bangladesh to make immediate improvements to working conditions. that wraps it up in bangkok. >>> emerging economic powers still struggling with poverty. emboldened citizens still demanding democracy, the threat of violence, the push for peace, the shadow of conflict. get news and insight on south and southeast asia every weekday live from bangkok, only on nhk "newsline." >>> floods and land slides have submerged a town. more than 50 omillimeters of rain. land slides cut off roads and tunnels. swollen rivers swept away bridges. flood water has reached a height of seven meters. b
bangladesh depends on the international garment industry to drive its economy, which grew 6.3% last year. cheap labor is a big attraction for foreign companies. bangladesh is home to more than 4,000 garment factories, and clothing accounts for about 80% of exports. concerns about labor conditions were exposed in tragic circumstances when a factory collapsed, killing in are than 1,100 people. a fire at another garment factory last november killed 112 workers. the accidents triggered calls from...
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Apr 4, 2013
04/13
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the question now is, will these measures actually boost the japanese economy? the boj expects a trickle down effect. the thinking goes, if consumers anticipate prices will rise in the near future, they'll spend more now instead of saving. but that depends on whether people also believe the prospects of the economy getting better are real. kuroda is facing another hurdle, overcoming concerns that the central bank could be adding to japan's debt as it buys up more government bonds. the boj under kuroda is working hand-in-hand with the government on an economic revival. they're expected to make decisions on monetary policy. but many will be watching to make sure kuroda protects the central bank's independence moving forward. >> the reaction from business leaders about the boj's decision is quite positive. japan business federation chairman gave his strong support for the move. >> translator: policymakers at the bank of japan decided to take bold measures for monetary easing in both quality and quantity. i give my full support. >> chairman of the -- meanwhile, the
the question now is, will these measures actually boost the japanese economy? the boj expects a trickle down effect. the thinking goes, if consumers anticipate prices will rise in the near future, they'll spend more now instead of saving. but that depends on whether people also believe the prospects of the economy getting better are real. kuroda is facing another hurdle, overcoming concerns that the central bank could be adding to japan's debt as it buys up more government bonds. the boj under...
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Apr 1, 2013
04/13
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they called for building a stronger economy and nuclear arsenal. state untv reported on kim's speech at a meeting. central committee of the worker's party, a top decision making body. members met for the first time in two and a half years. kim said his country is on the eve of war. he accused the united states of trying to topple his regime and dismantle north korea's nuclear stockpile. and he criticized u.s. forces for joint exercises with the south's military. security analysts say what the north korean are doing is testing technology for ballistic missiles. he also promised to build water reactors. kim says they need to focus more on agriculture and industry. north korea will hold the supreme people's assembly. dell gats from around the country will meet on monday to adopt decisions on the national budget, new legislation and leadership personnel. experts say the north korean leadership appears to be trying to tighten its control over the country by reinforcing its military strength while improving people's living conditions. it says its forces
they called for building a stronger economy and nuclear arsenal. state untv reported on kim's speech at a meeting. central committee of the worker's party, a top decision making body. members met for the first time in two and a half years. kim said his country is on the eve of war. he accused the united states of trying to topple his regime and dismantle north korea's nuclear stockpile. and he criticized u.s. forces for joint exercises with the south's military. security analysts say what the...
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Feb 28, 2013
02/13
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the prime minister spent his first two months in office focused on jump starting the economy. he's betting his pick for the next bank of japan governor will push his agenda forward. haruhiko kuroda has been nominated as the nominee. he's president of the asian development bank. kuroda was once a senior finance ministry official. the 68-year-old has head of the adb since 2005. it approved by the diet, he will take over the boj post. the prime minister put forward the names of the two deputy governors. they are gakushuin university professor kikuo iwata and boj executive director hiroshi nakaso. it needs support from the opposition parties as the ruling coalition does not have the majority in the upper house. many members of the major opposition democratic party are of japan are set to support abe's nominees. they say there isn't much doubt about kuroda's ability, especially his negotiating and management skills. >>> asian development bank spokesperson announced kuroda is resigning from the top post of the manila-based institution on march 118th. >>> u.s. tech giant apple has wo
the prime minister spent his first two months in office focused on jump starting the economy. he's betting his pick for the next bank of japan governor will push his agenda forward. haruhiko kuroda has been nominated as the nominee. he's president of the asian development bank. kuroda was once a senior finance ministry official. the 68-year-old has head of the adb since 2005. it approved by the diet, he will take over the boj post. the prime minister put forward the names of the two deputy...
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Apr 24, 2013
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ministry officials say the japanese economy has begun a moderate recovery. the chiefs of the ministries 11 regional bureaus reported local economic trends for the january to march period. eight bureaus upgraded their local economic assessments. officials from most regions reported increases in production in sectors such as autos, steels and electronics. they cited strong exports to the united states. officials also reported a rise in job offers in non-manufacturing industries, including medical and welfare sectors. on personal consumption they noted strong sales of expensive items at department stores. in looking ahead, many officials said hopes are groeing that the weaker again will boost corporate exports and the government's economic measures will help to boost domestic demand. >>> a historical buddhist ruin in afghanistan is on the verge of disappearing to make way for a mine. a senior afghan officials says the government will demolish the remains of an ancient settlement to extract copper at the site. he says mining will begin late next year or early 20
ministry officials say the japanese economy has begun a moderate recovery. the chiefs of the ministries 11 regional bureaus reported local economic trends for the january to march period. eight bureaus upgraded their local economic assessments. officials from most regions reported increases in production in sectors such as autos, steels and electronics. they cited strong exports to the united states. officials also reported a rise in job offers in non-manufacturing industries, including medical...
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Apr 17, 2013
04/13
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brazil, but that's unlikely to discourage japanese companies from investing in this rapidly expanding economy. nhk world. >>> all right. now let's take a look at the market figures. >>> when people read these day, they often turn to electron eck devices. one man in the state of wisconsin is encouraging readers to pick up paper books again. anyone can borrow a book for free provided that they leave one in return. the idea has taken off. nhk has his story. >> reporter: small is beautiful when it comes to reading in america these days. miniature bookshelves like these are popping up on roadsides or in coffee shops across the united states. called little free libraries. they're changing the reading habits of local communities. the idea couldn't be simpler. you grab as many books as you like. and you don't have to bring them back. but you do have to row place them. the rule is, take a book, leave a book. that means the narrow shelves are always full and the stock is always changing. it was todd bowl who came up with the idea for the little free library. >> the first library i built in 2009. and th
brazil, but that's unlikely to discourage japanese companies from investing in this rapidly expanding economy. nhk world. >>> all right. now let's take a look at the market figures. >>> when people read these day, they often turn to electron eck devices. one man in the state of wisconsin is encouraging readers to pick up paper books again. anyone can borrow a book for free provided that they leave one in return. the idea has taken off. nhk has his story. >> reporter:...
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Feb 21, 2013
02/13
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. >> reporter: vietnam's economy is racing ahead. but not everybody is moving forward. streets in hanoi are full of cars and motor bikes. across the country, factories pour harmful substances into the environment. this river running through the capital is dangerously contaminated. harmful chemical readings are 30 times higher than the maximum alould allowed by the government. people living down stream are suffering the consequences. this man and his wife while born and raised in this village. they are farmers who survive by growing rice and other crops. his legs are the result of years walking in the rice patties. a government investigator told him chemicals are in the water to blame. >> translator: the water i fill my patties with is black. my legs itch from working in the rice fields. water shouldn't be black. but i have no choice but to use that terrible water for farming. >> reporter: he worries about pollution. a new deal originating in japan is gaining public attention. the japan international cooperation agency is encouraging japanese companies to start environme
. >> reporter: vietnam's economy is racing ahead. but not everybody is moving forward. streets in hanoi are full of cars and motor bikes. across the country, factories pour harmful substances into the environment. this river running through the capital is dangerously contaminated. harmful chemical readings are 30 times higher than the maximum alould allowed by the government. people living down stream are suffering the consequences. this man and his wife while born and raised in this...
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Mar 14, 2013
03/13
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china's economy is now the world's second largest, after decades of high-speed expansion. but growth has cooled. incoming companies are growing. and must now compete with lower-paid rivals in other countries. people around china have been protesting to show their discontent. they want leaders to do something about the income gap, and they are calling for an end to rampant corruption. one of xi's biggest tasks would be to keep a lid on arrests and promote stability. this man is an expert on chinese politics. he says a speech he made upon his leadership included challenges he will face in fighting corruption. >> what impressed us the most is the emphasis he put on the importance of fighting corruption. but i was also struck how little xi said about the institutional mechanism to cope with the corruption. so far, it's not clear how xi is going to deal with the corruption. it is very clear that he is quite aware of the seriousness of the issue. >> reporter: as president, xi must provide leadership for his people. he must also guard his country's relations with the rest of the
china's economy is now the world's second largest, after decades of high-speed expansion. but growth has cooled. incoming companies are growing. and must now compete with lower-paid rivals in other countries. people around china have been protesting to show their discontent. they want leaders to do something about the income gap, and they are calling for an end to rampant corruption. one of xi's biggest tasks would be to keep a lid on arrests and promote stability. this man is an expert on...
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May 14, 2013
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. >> translator: we try to be sensitive about the latest trends in the exchange rate, the economy, and society to grasp current demands. >> reporter: business owners who rely on imported goods have had to adapt in different ways. ready made dishes bring in $3.5 billion a year to one chain of convenience stores. but half of the ingredients are imported. managers decide to use salmon from northern japan. >> translator: so this salmon is from hokkaido? um, it looks delicious. >> reporter: the cost used to be 30% higher than imported fish, but with the change in the yen, the difference is now half that. the new boxed meal is priced at over $5, on the expensive side. but managers believe customers will pay for it. >> translator: if customers choose products because they come from japan, that would allow us to add value. >> reporter: japanese customers are trying to figure out how they will adapt. they say the changes some businesses are making are bound to drive up prices and they say they could end up losing out. >>> here are the latest market figures. >>> a prominent politician in japan i
. >> translator: we try to be sensitive about the latest trends in the exchange rate, the economy, and society to grasp current demands. >> reporter: business owners who rely on imported goods have had to adapt in different ways. ready made dishes bring in $3.5 billion a year to one chain of convenience stores. but half of the ingredients are imported. managers decide to use salmon from northern japan. >> translator: so this salmon is from hokkaido? um, it looks delicious....
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Mar 26, 2013
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. >>> chinese president is in south africa to attend the summit of the brics emerging economies. xi jinping wants the chinese government to enhance ties to compete with the u.s. and other industrialized countries. this will be the first time president xi will participate in an international meeting since he took office earlier this month. the two-day summit begins on tuesday in durbin. brics is made up of brazil, russia, india, china, and south africa. the leaders are expected to discuss how rising commodities and grain prices are affecting emerging countries. also on the agenda is an agreement among the brics members to provide each other with foreign currencies. they want to protect their economies from the impact of global financial turmoil. >>> china has been increasing its presence in africa. the country has come to rely on the continent for trade and for natural resources. nhk world has more. >> reporter: the chinese have historical ties with a number of african nations. after world war ii they supported countries that were fighting for independence. they gave a modest amou
. >>> chinese president is in south africa to attend the summit of the brics emerging economies. xi jinping wants the chinese government to enhance ties to compete with the u.s. and other industrialized countries. this will be the first time president xi will participate in an international meeting since he took office earlier this month. the two-day summit begins on tuesday in durbin. brics is made up of brazil, russia, india, china, and south africa. the leaders are expected to...
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Jan 15, 2013
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abe is out of inflation and revitalize the economy. way is with the $150 billion package which people steam support. >> translator: i support the abe administration because tock prices and the currency exchange are doing better. >> translator: changing the government always caused the yen to weaken. it might not last so long. >> translator: our company didn't do well last year. i hope the economic climate would improve. >> people also seem happier with the way the cabinets stack up against others. voters were disappointed with the ruling party. the dpj promised change when they took power, but many felt they didn't deliver. >> now you have been covering politics for years in japan. you know better than anyone how approval ratings fall overtime. it was interesting to hear the lady saying it may not last so long. how will abe be able to support this popularity? >> he knows economic recovery is a priority and he will need to focus on this. the prime minister wants to head into this summer's upper house election in a strong position. his l
abe is out of inflation and revitalize the economy. way is with the $150 billion package which people steam support. >> translator: i support the abe administration because tock prices and the currency exchange are doing better. >> translator: changing the government always caused the yen to weaken. it might not last so long. >> translator: our company didn't do well last year. i hope the economic climate would improve. >> people also seem happier with the way the...
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Jun 13, 2013
06/13
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we can see that the japanese economy -- the actual japanese economy is rather steadily growing by exports and also by private consumption and also by housing. so i think this is the time we see too much excitement of the sentiment is now adjusting towards the actual economy. the market may wait until the result of the upper house election will come out some time in july. i think mr. abe what he should do is that he should at least say what kind of importance he will take in his growth strategy. and he'll also have to show the time schedule of how he's going to realize his policy before the election. >> the japanese government has formlated its long-term economic and fiscal policies. the document states it should balance its budget by fiscal 2020 and even consider cutting social security costs to reduce the nation's snowballing debt. a government panel finalized this on thursday. the plan calls for achieving an average gross domestic product growth of about 3% in nominal terms and around 2% in real terms over the next decade. the plan expects the nation's per capita gross national income t
we can see that the japanese economy -- the actual japanese economy is rather steadily growing by exports and also by private consumption and also by housing. so i think this is the time we see too much excitement of the sentiment is now adjusting towards the actual economy. the market may wait until the result of the upper house election will come out some time in july. i think mr. abe what he should do is that he should at least say what kind of importance he will take in his growth strategy....
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Jul 22, 2013
07/13
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the economy is the basis for the country's power. we cannot achieve diplomatic power or stable social security without a strong economy. >> abe also referred to relations between japan and china, which have been strained. >> translator: the ties we have with china make up one of our most important bilateral relationships. i think it's the same on both sides. that is why i believe we should cooperate and make efforts to overcome various challenges. so, it is important for both of us to discuss matters without any reservations. our doors are open to dialogue. we should hold bilateral summits and foreign ministerial talks. >> abe's liberal democrats and their coalition partners now have 135 seats in the upper house. that's enough for what's called the stable majority in the chamber. that allows coalition members to chair all upper house committees and to hold half the seats on them. prime minister abe returned to power in the lower house election last december. but without control of both houses, he has been unable to do some of the thi
the economy is the basis for the country's power. we cannot achieve diplomatic power or stable social security without a strong economy. >> abe also referred to relations between japan and china, which have been strained. >> translator: the ties we have with china make up one of our most important bilateral relationships. i think it's the same on both sides. that is why i believe we should cooperate and make efforts to overcome various challenges. so, it is important for both of us...
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the economy has remained stagnant for the past two decades. and the country's key stock index, the nikkei, has stayed almost flat since the global financial crisis five years ago. but things change when prime minister shinzo abe took over. he vowed his pies dubbed abenoics would get the nation out once and for all. >> reporter: prime minister abe rushed to implement what he called the three arrows of his economic policy as soon as he took office. >> translator: japan's biggest challenge is reviving the economy. >> reporter: abe's first arrow fiscal spending. first administration allocated $100 billion meaning to fund public works projects. abe called on business leaders to raise wages so workers could enjoy the trickledown effect of the stimulus. the second arrow focused on monetary easing. abe named kuroda and quickly fulfilled expectations and eased massive measures. >> translator: we'll do everything necessary. >> reporter: central bankers announced a plan to double funds pumped into the economy. they say they can achieve a 2% inflation rat
the economy has remained stagnant for the past two decades. and the country's key stock index, the nikkei, has stayed almost flat since the global financial crisis five years ago. but things change when prime minister shinzo abe took over. he vowed his pies dubbed abenoics would get the nation out once and for all. >> reporter: prime minister abe rushed to implement what he called the three arrows of his economic policy as soon as he took office. >> translator: japan's biggest...
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the african economy has been growing by an average of more than 5% a year. delegates will discuss ways to maintain that growth, improve health care and education and foster peace and stability. japanese government officials and business leaders are not the only investors across the world who are trying to increase their presence in the expanding african market. foreign investment mass reached nearly $40 billion in recent years. this has driven much of africa's explosive growth. china is pouring money in as well. it's attracted to the continent's mineral wealth and booming population. but u.n. figures say there is another asian nation that outpaced china in terms of investment in 2011. that is malaysia. malaysiaen investment has increased by the end of 2011. nhk has the story behind the numbers. >> reporter: people all over the world depend on palm oil in their daily lives. it's used in everything from cooking to transportation. the malaysian conglomerate is one of the world's largest producers. its palm tree plantations cover an area equal to 500,000 soccer
the african economy has been growing by an average of more than 5% a year. delegates will discuss ways to maintain that growth, improve health care and education and foster peace and stability. japanese government officials and business leaders are not the only investors across the world who are trying to increase their presence in the expanding african market. foreign investment mass reached nearly $40 billion in recent years. this has driven much of africa's explosive growth. china is pouring...
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but many ldp members opposed the large tax high, as they are afraid it may hurt the economy. >>> the association of southeast asian nations has a new secretary-general. his first challenge is to heal divisions within the group, over how to deal with china. we have more from bangkok. >> reporter: the new icn secretary-general is a former deputy foreign minister of vietnam and took the helm on january 1st and at a handover ceremony in the indonesian capital of jakarta, mi in. h caddy for unity. nhk world has this report. >> reporter: minh received his documents from his predecessor. the asean group is 45 years old. over that time it has grown to ten member nations with a combined population of 85 million. 580 million. asean is important for the sluggish committee. among the international community. >> we must go on doing many more things. next decade is going to be more challenging than the past decade. asean will have to maintain our centrality more effectively than before. >> reporter: some asean member countries have simmering territorial disputes with china over islands and waters
but many ldp members opposed the large tax high, as they are afraid it may hurt the economy. >>> the association of southeast asian nations has a new secretary-general. his first challenge is to heal divisions within the group, over how to deal with china. we have more from bangkok. >> reporter: the new icn secretary-general is a former deputy foreign minister of vietnam and took the helm on january 1st and at a handover ceremony in the indonesian capital of jakarta, mi in. h...
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his third arrow, a growth strategy, is aimed at getting the economy on a full-fledged recovery track. >> translator: the focal point of my growth strategy is using the full potential of the private sector. >> reporter: the strategy encompasses 250 programs. some of the goals include raising corporate capital investment by 10%. acquiring $50 billion worth of share in the overseas health care market, and boosting agricultural exports to $10 billion. prime minister abe threw his weight behind the strategy, traveling abroad to support japanese exports from sushy to inflorida structure. but many said the plan lacked major deregulation and reforms. >> the prime minister is trying to win support heading into election day by highlighting what his administration has achieved with abenomics. jay tanaka brings us the voters' view. >> reporter: shoppers in japan seem to have more of a spring in their step these days. consumer sentiment is improving. they're encouraging people to spend more. store managers say sales of brand-name items and high-end goods have picked up over the past six months. >>
his third arrow, a growth strategy, is aimed at getting the economy on a full-fledged recovery track. >> translator: the focal point of my growth strategy is using the full potential of the private sector. >> reporter: the strategy encompasses 250 programs. some of the goals include raising corporate capital investment by 10%. acquiring $50 billion worth of share in the overseas health care market, and boosting agricultural exports to $10 billion. prime minister abe threw his weight...
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the economy is in a state of uncertainty. recent data out of germany indicates that the outlook for the main engine of the single currency block is worsening. observers say they're considering new measures to prompt more lending to smaller businesses to help them stay afloat. >>> policymakers say they have set a record. they supplied more and more money to financial markets in than effort to stimulate the economy. at the echbld of april, they say the monetary base hit a new high. boj officials say they supplied more than 150 trillion yen. the amount was up from over 126% a year ago. it increases the amount of currency in the hands of the public, and commercial deposits held in the central reserves. policy makers decided that their meeting last month to double the base by the end of next year. at the end, some boj policymakers were worried about drastic easing measures. they chaired by kuroda who took office in the previous month. the summary shows that the nine policymakers shared the notion that it's their goal to achieve th
the economy is in a state of uncertainty. recent data out of germany indicates that the outlook for the main engine of the single currency block is worsening. observers say they're considering new measures to prompt more lending to smaller businesses to help them stay afloat. >>> policymakers say they have set a record. they supplied more and more money to financial markets in than effort to stimulate the economy. at the echbld of april, they say the monetary base hit a new high. boj...
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frankly, we do think the economy is improving. and we do think you're going to get a better outlook for the labor market, and i think that will lead the fed to take that initial decision. the volatility we've seen over the last couple of weeks, i think, is related to what the fed is doing, and i think there is the potential for more volatility. having said that, i think the market is pretty much adjusted already the first move that we're likely to get. and consequence, i think market's going to remain volatile, but i don't think we should expect another big selloff, if we sort of get through the next couple of meetings, and then they do a asset purchases. >>> french president is making his first visit to japan. they have agreed to cooperate on a range of issues, including promoting french and japanese businesses and the world. president hollande and the first lady were greeted by the emperor and empress at a welcoming ceremony at the imperial palace in tokyo on friday. president hollande then met with shinzo abe. the two made a jo
frankly, we do think the economy is improving. and we do think you're going to get a better outlook for the labor market, and i think that will lead the fed to take that initial decision. the volatility we've seen over the last couple of weeks, i think, is related to what the fed is doing, and i think there is the potential for more volatility. having said that, i think the market is pretty much adjusted already the first move that we're likely to get. and consequence, i think market's going to...
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a weaker yen and pickup in overseas economies are giving them a boost. the outlook was equally positive among major nonmanufacturers. the sentiment index stood at plus 12 up six points from the previous survey. builders and real estate firms are enjoying solid business on a rise in public housing market growth. smaller manufactures sentiment rose for the first time in six quarters, but the reading of minus 14 remains well below that for major firms. the tankan includes a sub index showing how managers see conditions three months from now. the reading is at plus ten points. it continues to lag for smaller makers at minus 7 points. optimism is spreading among major businesses in japan, but it's a different story in china. business sentiment at chinese manufacturers worsened in june from the previous month. that's fueling concerns over the outlook for the world's second largest economy. china's national bureau of statistics said the official purchasing managers index stood at 50.1 last month. that's just over the 50-point mark indicating growth, but the ind
a weaker yen and pickup in overseas economies are giving them a boost. the outlook was equally positive among major nonmanufacturers. the sentiment index stood at plus 12 up six points from the previous survey. builders and real estate firms are enjoying solid business on a rise in public housing market growth. smaller manufactures sentiment rose for the first time in six quarters, but the reading of minus 14 remains well below that for major firms. the tankan includes a sub index showing how...
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economy that the world economy is so dependant upon. >> thank you so much for your analysis. >> the north korean leader delivered a surprise new year's message and promised plenty of change in 2013. >> he vowed to turn around the countries floundering economy and called for an tonight the long running feud with south korea. the first new years address by a north korean lead near 19 years. new years celebration have ended in tragedy in ivory coast. 60 have been killed and 200 injured during a stampede. >> crowds left a fireworks display. many of the victims were children. it is unclear what caused the disaster. >> let's have a change of pace and talk about last night's celebrations here in berlin. berlin was the place to be last night for new years. city hosted germany's biggest new years party. >> i am afraid i have to admit it happened without me but over a million dpended on the city to see several bands take to the stage followed by a fantastic fireworks display. >> let's take a look at how berlin and other big cities ushered in the new year. >> berlin welcomes 2013. a million revelers
economy that the world economy is so dependant upon. >> thank you so much for your analysis. >> the north korean leader delivered a surprise new year's message and promised plenty of change in 2013. >> he vowed to turn around the countries floundering economy and called for an tonight the long running feud with south korea. the first new years address by a north korean lead near 19 years. new years celebration have ended in tragedy in ivory coast. 60 have been killed and 200...
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he's put off retirement to help oversee the economy. hello i'm yuko fukushima and this is "asia biz forecast." for many this past week the central focus was the central bank. the bank of japan welcomed a new chief and opened the door to a new era of monetary policy. haruhiko kuroda was sworn in wednesday as the new boj governor. he took over a day after masaaki shirakawa stepped down, kuroda bringing an end to more than a decade of inflation. prime minister shin bow abe it requires closer coordination between the government and the central bank as well as a boj chief willing to undertake bold monetary easing. by all accounts, kuroda is his man. >> translator: the japanese economy has been struggling with deflation for nearly 15 years. the greatest mission of the central bank is to end deflation and achieve the inflation target of 2% as soon as possible. >> cue row do da has said he believes the boj can achieve the target within two years and says he'll use every tool at his disposal to make that happen. >> translator: the bank of japan
he's put off retirement to help oversee the economy. hello i'm yuko fukushima and this is "asia biz forecast." for many this past week the central focus was the central bank. the bank of japan welcomed a new chief and opened the door to a new era of monetary policy. haruhiko kuroda was sworn in wednesday as the new boj governor. he took over a day after masaaki shirakawa stepped down, kuroda bringing an end to more than a decade of inflation. prime minister shin bow abe it requires...
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. >> reporter: malaysia's economy is now the third largest in southeast asia. direct investment has increased to $106 billion by the end of 2011. of that total, close to 20% went to africa. leaders in education sector are investing in human capital as well by promoting student exchange programs. this university offered hospitality classes to africa exchange students. school officials are helping them learn schools that they can use in africa's booming tourism industry. >> i would like to perhaps be a general manager and run my own hotel. >> people are choosing malaysia because of the cheaper prices. >> reporter: many universities are appealing to students by offering joint programs with resident schools. african students are also attracted to malaysia's ethnic and religious diversity. about 20,000 exchange students from africa are studying in malaysian schools. the number is steadily rising. >> i think that's very important. human capital. people are money. because the high end. they're going to be the policymakers. they're going to be the leaders in the indust
. >> reporter: malaysia's economy is now the third largest in southeast asia. direct investment has increased to $106 billion by the end of 2011. of that total, close to 20% went to africa. leaders in education sector are investing in human capital as well by promoting student exchange programs. this university offered hospitality classes to africa exchange students. school officials are helping them learn schools that they can use in africa's booming tourism industry. >> i would...
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and chinese economies will drive exports. they say personal spending, including house purchases, is expected to increase ahead of the consumption tax hike scheduled for 2014. japan's gdp in fiscal 2012 shrank in real terms for two straight quarters. analysts say this means the economy is likely to have entered a contraction phase. >> translator: the public works and expansionist fiscal policy projects planned by japan's new government could push up the economy in a considerable way. however, overseas economies could be a risk factor, especially credit woes in europe, which could cause setbacks for experts. >> some researchers warn there is still risks, such as strain reed lations with china, over a territorial dispute. >>> japanese research letters look deep into the pacific ocean to look for metals used in everything from cell phones to satellites. later this month, they will survey reserves of rare earth metals in japan's exclusive economic zone. the japan agency for marine earth science and technology will send a ship to a
and chinese economies will drive exports. they say personal spending, including house purchases, is expected to increase ahead of the consumption tax hike scheduled for 2014. japan's gdp in fiscal 2012 shrank in real terms for two straight quarters. analysts say this means the economy is likely to have entered a contraction phase. >> translator: the public works and expansionist fiscal policy projects planned by japan's new government could push up the economy in a considerable way....
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but the country still has a long way to go before it achieves a fairer economy. nhk world, seoul. >>> let's take a look at the latest market figures. >>> there's a tropical system in southern china. meteorologist robert speta has more. robert. >> we have been watching this system pushing off there into the south china sea and then off there towards southern china. actually impacting the philippines over the weekend. this is tropical storm rumbia, actually most recently downgraded to a tropical depression. but when it came ashore here on tuesday morning, it was a severe tropical storm. and it had packed quite a punch. i want to show you video coming out of the gaun dong area where this pushed ashore. you can see these winds really kicking up there where it made landfall here on early tuesday morning. it did disrupt traffic. you can see some of these trees knocked down due to high winds continuing to push through. ahead of the storm many authorities asked boats to return to harbor because these waves were just absolutely scary coming ashore here, up to about two to
but the country still has a long way to go before it achieves a fairer economy. nhk world, seoul. >>> let's take a look at the latest market figures. >>> there's a tropical system in southern china. meteorologist robert speta has more. robert. >> we have been watching this system pushing off there into the south china sea and then off there towards southern china. actually impacting the philippines over the weekend. this is tropical storm rumbia, actually most recently...
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the ecb is trying to support europe's ailing economy. the central bank's govern council met thursday in frankfurt. policy makers decided the rate should be maintained at 0.75% for a sixth month in a row. the financial markets have been relatively stable these days. the yield on spain's ten-year government bond has fallen below 5% but the eurozone jobless rate reached 11.8% in november. that's the worst level since the single currency was introduced. the job market and overall economic situation remain grim mainly in countries receiving bailouts. here are the latest market figures. >>> u.s. president barack obama will hold talks at the white house on friday with his afghan counterpart hamid karzai. patchari raksawong joins us with more details. >> reporter: the two leaders have to answer the key question of how many u.s. soldiers will remain in afghanistan after combat troops withdraw by the end of 2014. afghan citizens have reacted angrily to a suggestion that washington might bring all its forces home. some say that would mean a return
the ecb is trying to support europe's ailing economy. the central bank's govern council met thursday in frankfurt. policy makers decided the rate should be maintained at 0.75% for a sixth month in a row. the financial markets have been relatively stable these days. the yield on spain's ten-year government bond has fallen below 5% but the eurozone jobless rate reached 11.8% in november. that's the worst level since the single currency was introduced. the job market and overall economic situation...
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the economy is still weak, energy shortages have also been a headache. long queues to buy gasoline are routine, and widespread power z cuts have plagued the country. many people have had enough. >> translator: i got here at 7:30, and it's 11:30 now. it looks like i've still got a long wait ahead. politicians just haven't addressed the energy supply issue at all. >> reporter: but the path toward change has been marked by violence. experts say finding a way to improve the security situation is the election's biggest issue. >> that's the biggest challenge to me is extremism, terrorism. without peace you can't think of economy, you can't think of schooling, health care, whether schools will be destroyed, your hospitals will be destroyed. this country needs peace so that people are willing to invest, then there will be investment, only then cities will get more job opportunity. first and foremost this country needs to address this challenge. >> reporter: the need for security and a less violent pakistan is clear to all. but changes demographics will play a ma
the economy is still weak, energy shortages have also been a headache. long queues to buy gasoline are routine, and widespread power z cuts have plagued the country. many people have had enough. >> translator: i got here at 7:30, and it's 11:30 now. it looks like i've still got a long wait ahead. politicians just haven't addressed the energy supply issue at all. >> reporter: but the path toward change has been marked by violence. experts say finding a way to improve the security...
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the national food security ordinance. >> the food security bill would add an enormous burden on the economy and could widen the fiscal deficit. furthermore, economist and economic analysis firms believe india cannot afford it and it is unviable. but the congress defies all this logic and has decided to go ahead with the bill. >> for many of our poor people, this maybe even life-changing. this may be life-saving. for many who are malnourished, delaying it by a single minute can save lives. >> whether it is the nationalist congress party, the printable opposition party, they are opposing the bill. they commonly believed that it is the congress' can make to catch votes -- you make -- gimmick to catch votes. >> i am personally opposed to the food security bill because it will cause more harm than good for the people of this country, but everyone is opposed to the ordinance route. i do not know why the government is deciding to follow that route. i hope they will not, but if they do, then it will be most undemocratic and not the way an important demonstration like this should be treated. >> in p
the national food security ordinance. >> the food security bill would add an enormous burden on the economy and could widen the fiscal deficit. furthermore, economist and economic analysis firms believe india cannot afford it and it is unviable. but the congress defies all this logic and has decided to go ahead with the bill. >> for many of our poor people, this maybe even life-changing. this may be life-saving. for many who are malnourished, delaying it by a single minute can save...
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they know if trade is affected it could affect the entire global economy. sho beppu in the persian gulf. >>> thousands of people have rallied in japan's southern okinawa prefecture. they were demanding a cut in the u.s. military presence in the region. more than 70% of u.s. military facilities are concentrated in the prefecture. the demonstrators gathered on sunday after a three day peace march. they host the futenma the station. over 3,000 people from okinawa and elsewhere in japan took part in the rally. a declaration was also adopted. >> translator: we oppose the buildup of u.s. bases in japan. we also demand a comprehensive review of the forces agreement. >> they walked along three routes. one covered the southern part of okinawa. the area was a fierce battleground in the final days of world war ii. they also marched where the japanese and u.s. governments want to relocate the futenma air station. the event is held at this time every year to mark okinawa's return to japan from u.s. control in 1972. >>> japanese government leaders say they will drop the
they know if trade is affected it could affect the entire global economy. sho beppu in the persian gulf. >>> thousands of people have rallied in japan's southern okinawa prefecture. they were demanding a cut in the u.s. military presence in the region. more than 70% of u.s. military facilities are concentrated in the prefecture. the demonstrators gathered on sunday after a three day peace march. they host the futenma the station. over 3,000 people from okinawa and elsewhere in japan...
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the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset purchase program, or app, by about 10 trillion yen, or $110 billion, in 2014. the program is expected to be maintained in the future. following the boj meeting, central bank governor and the finance minister aso reported on the release of the joint statement to prime minister abe at his office. >> translator: the government strongly hopes the bank of japan will continue to promote a strong monetary easing policy in order to achieve the goal. >> translator: the bank of japan believes it is important to realize sustainable growth by overcoming deflation at an early stage and achievin
the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset...
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economy. policymakers and market players are also seeing encouraging data on the labor front. the unemployment rate fell to 7.7% from 7.9% in previous month. it's the lowest rate in four years. the rate stayed below 8% for six straight months. 236,000 jobs were added in the nonfarm sector. employment increased in professional and business services as well as in construction and the health care industry. >>> people in northeastern japan have spent nearly two years trying to get back on their feet. next monday marks the second anniversary of the earthquake, tsunami, and nuclear reactor accident. survivors have been moving forward on a path to recovery. most all of the 120,000 companies in areas devastated by the tsunami were small and medium sized firms. many were already feeling the weight of their loans after a long economic slump. they had to decide whether to take on additional debt to restart operations. government officials say only two-thirds of those companies are back in business. people in the city of kesennuma faced many of those challenges. millioners of firms in fis
economy. policymakers and market players are also seeing encouraging data on the labor front. the unemployment rate fell to 7.7% from 7.9% in previous month. it's the lowest rate in four years. the rate stayed below 8% for six straight months. 236,000 jobs were added in the nonfarm sector. employment increased in professional and business services as well as in construction and the health care industry. >>> people in northeastern japan have spent nearly two years trying to get back on...
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i think, lead us to conclude that our leader has succumbed to terrorist efforts to destabilize our economy and country. i can only say that this is most reprehensible and cowardly on the part of terrorists. >> violence levels and cross- border militancy and in recent years as the state made progress in the past decade. it appears it could mean massive escalation in violence. experts also believe things may even get worse once u.s. troops start a pullout from afghanistan. >> and with that, we come to an end of this week's edition of "newsweek south asia." we will be back with more news, views, and analysis from the subcontinent. meanwhile, do keep writing to us. i'm signing off. on behalf of the entire production team of "newsweek south asia," goodbye. >>> hello and welcome to nhk "newsline." i'm ross mihara in tokyo. >>> u.s. vice president joe biden says china should play a more responsible role in world affairs. he says authorities in beijing need to do more to address cyber security and global warming. >> china now has the second largest economy in the world. it comes with some new inte
i think, lead us to conclude that our leader has succumbed to terrorist efforts to destabilize our economy and country. i can only say that this is most reprehensible and cowardly on the part of terrorists. >> violence levels and cross- border militancy and in recent years as the state made progress in the past decade. it appears it could mean massive escalation in violence. experts also believe things may even get worse once u.s. troops start a pullout from afghanistan. >> and with...
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they accused morsi of worsening the country's economy and security. officials from the muslim brotherhood party said their cairo headquarters came under attack. they said scores of protesters fired shotguns and threw petrol bombs. muslim brotherhood provides most of morsi's support. the state-run news agency says 92 people were injured in the northern city in clashes between the two sides. 253 egyptians were injured across the country on sunday. >>> asean countries have agreed to issues in the sea. ten nations and china discussed territorial issues in the south china sea as part of a series of meetings held on sunday. the asean members agreed to negotiate with china to draw up a legally binding code of conduct. they agreed to have an official meeting in september in china. senior officials are expected to discuss how to peacefully resolve issues in the south china sea. both say sean and china want to resolve the issue through negotiations in accordance with international law. he also said a mechanism in a form of legally binding rules is necessary to
they accused morsi of worsening the country's economy and security. officials from the muslim brotherhood party said their cairo headquarters came under attack. they said scores of protesters fired shotguns and threw petrol bombs. muslim brotherhood provides most of morsi's support. the state-run news agency says 92 people were injured in the northern city in clashes between the two sides. 253 egyptians were injured across the country on sunday. >>> asean countries have agreed to...
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the economy is still in a state of deflation but things are changing. they're falling at a shower pace. one reason is a prices for goods are increasing while the yen weakens. >> shinzo abe is counting on reigniting economic growth. there is a system for regularly checking the progress of his growth strategied. the japan association of corporate executives announced their recommendations to the government. the group says the government should hold full fledged discussions on policy ie lems and mid to long term policies. it's increased competitiveness in agriculture, stale energy supplies and decentralization of government power. they need to stress the importance of policies. insters and officials correct instructions necessary for implementing the policies. >> they plan to put the car on the market in june. it was marked to begin to okinawa prefecture in japan. >> each of the two companies will sell the car under their own brand name. we just got to the start line. >> this is the first time for nissan to get involved in the development of a mini vehicle
the economy is still in a state of deflation but things are changing. they're falling at a shower pace. one reason is a prices for goods are increasing while the yen weakens. >> shinzo abe is counting on reigniting economic growth. there is a system for regularly checking the progress of his growth strategied. the japan association of corporate executives announced their recommendations to the government. the group says the government should hold full fledged discussions on policy ie lems...
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Mar 7, 2013
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this would hurt the real economy. both the government and central bank should be maintain strict discipline. >> shirakawa was asked about the possibility of the central bank's long-term monetary easing pushing property prices higher. he said the central bank is responsible for keeping a real estate bubble in check to avoid its negative impact. >>> the people in charge of weather alerts have overhauled japan's tsunami warning system. they have made the alerts faster and easier to understand, taking lessons from the march 2011 disaster. actual tsunami heights after the great earthquake turned out to be much greater than meteorological agency estimates. it takes time to determine the exact scale of massive tremors. it causes problems with tsunami forecasting. under the new system they will designate as high and huge in their initial alerts. they will later update the warnings with estimated heights. the change is being made to encourage speedy evacuation. agency officials tested the system on thursday by sending mock-up
this would hurt the real economy. both the government and central bank should be maintain strict discipline. >> shirakawa was asked about the possibility of the central bank's long-term monetary easing pushing property prices higher. he said the central bank is responsible for keeping a real estate bubble in check to avoid its negative impact. >>> the people in charge of weather alerts have overhauled japan's tsunami warning system. they have made the alerts faster and easier to...
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Mar 28, 2013
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emerging economies to want to lessen their exposure. to these shocks. for china's new leadership, stability at home tops the stability at home tops the agenda and key to achieving that will be stable growth. the country xi has just visited are rich in natural resources, essential for china's industrial development. chinese leaders have pursued closer ties with africa in recent years and xi is expected to reinforce that strategy. but it is not all about business and investment. china is recruiting allies for strategic reasons. a key concern for leaders in beijing. washington says it wants to take a more active role in asia-pacific region. winning more friends in the developing world will give china a stronger hand on the international stage making the use of his country's best wealth, xi has shown he's ready to lead that effort. nhk world, durbin, south africa. joye >>> mitsubishi motors says it may have found why a battery short circuit. and may have occurred during production of the battery. the company has suspended production they found a battery in
emerging economies to want to lessen their exposure. to these shocks. for china's new leadership, stability at home tops the stability at home tops the agenda and key to achieving that will be stable growth. the country xi has just visited are rich in natural resources, essential for china's industrial development. chinese leaders have pursued closer ties with africa in recent years and xi is expected to reinforce that strategy. but it is not all about business and investment. china is...
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Jan 4, 2013
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asia will be the fastest growing economy in the world. >> reporter: in contrast, the japanese economy is showing signs of weakness. the new prime minister sinko abe says he wants to pull the country out of deflation. with the incoming administration, how could japan deal with that? >> i think the monetary policy all has some side effect. i understand. but what you have to recall is that what is the alternative? so bank of japan not just sitting a target but also mobilize all measures, policy measures and in particular, commit yourself to do in that way and to achieve the objective of 2% inflation. we should do anything and whatever amount. >> reporter: turning to china, many economists say the slowdown is the world's second largest economy has bottomed out. he shares that view but he knows that china's economic vitality won't justin long term. >> we expect slow income around 8% growth is quite possible for the chinese economy. but the issue is long term. labor force will soon start to decline in china. that chinese economy enjoy a dividend in the next decade or decades. >> how should
asia will be the fastest growing economy in the world. >> reporter: in contrast, the japanese economy is showing signs of weakness. the new prime minister sinko abe says he wants to pull the country out of deflation. with the incoming administration, how could japan deal with that? >> i think the monetary policy all has some side effect. i understand. but what you have to recall is that what is the alternative? so bank of japan not just sitting a target but also mobilize all...
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the european and japanese economies are losing steam. economists are focusing on whether leaders can avoid the fiscal cliff and keep the economy on track. >>> u.s. markets have closed for the day. here are the closing figures. >>> >>> new japanese prime minister shinzo abe has given a new year address. he promised to revive the struggling economy. abe said the country is facing several crises. he said deflation, territorial disputes and slow progress in post-disaster reconstruction were the most pressing concerns. he said his cabinet has a mission to put the economy, education and foreign policy back on a recovery track. abe said his government's most pressing challenge is to swiftly bring the country out of deflation and to lower the yen against the dollar. he also talked about his visit on saturday to the fukushima daiichi nuclear power plant. abe said his government will allocate funds for the disaster-hit areas as quickly as possible. he said he will tighten control of japan's remote islands and strengthen defense of them. chinese sh
the european and japanese economies are losing steam. economists are focusing on whether leaders can avoid the fiscal cliff and keep the economy on track. >>> u.s. markets have closed for the day. here are the closing figures. >>> >>> new japanese prime minister shinzo abe has given a new year address. he promised to revive the struggling economy. abe said the country is facing several crises. he said deflation, territorial disputes and slow progress in post-disaster...
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economy. u.s. stock prices closed lower for a second consecutive day. the dow jones ended up 14,537. to find out how stocks are trading let's go to ramin at the tokyo stock exchange. there's some negative spilling over. what is expected? >> markets are really focusing on what may come out of that g-20 meeting. let's have a look at how the markets here are opening this friday, april 19th. both indexes in the positive. 13,263 for the nikkei. the nikkei ended lower on thursday and so far it's down on the wheat. it may give direction as we heard that ibm's earnings fell for the last quarter highlighting the fall. microsoft and google beat some estimates. that may also give some direction about the outlook for the u.s. economy. earnings and economic data there, a little bit of a focus as well. >> the g-20 is a meeting of international financial leaders. a lot of focus on currency moves. gives us an up dadate on where are now? >> let's have a look at it right now this friday morning as tokyo stocks
economy. u.s. stock prices closed lower for a second consecutive day. the dow jones ended up 14,537. to find out how stocks are trading let's go to ramin at the tokyo stock exchange. there's some negative spilling over. what is expected? >> markets are really focusing on what may come out of that g-20 meeting. let's have a look at how the markets here are opening this friday, april 19th. both indexes in the positive. 13,263 for the nikkei. the nikkei ended lower on thursday and so far...